What To Know: According to regulatory filings from Tuesday, director Charles Cherington purchased 785,268 shares of Eterna for $1.18 per share in recent weeks.
A separate filing shows director Nicholas Jason Singer bought 848,858 shares of the company at the same price point.
On Monday, another filing showed that a major shareholder picked up more than 1 million shares of Eterna at an average price of $1.18 per share.
Eterna Therapeutics is a clinical-stage biopharmaceutical company formerly known as Brooklyn ImmunoTherapeutics.
See Also: Esperion Therapeutics Reports Sooner Than Expected Positive Data From Nexletol Trial
ERNA Price Action: Eterna shares initially surged above $6.30 per share Wednesday morning before pulling back and turning negative.
The stock was down 0.45% at $4.44 at the time of writing, according to Benzinga Pro.
Photo: Narupon Promvichai from Pixabay.
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